New consolidator to hoover up 12 adviser firms in national push

Eight firms partway through acquisition process

clock • 2 min read

New advice player Independent Wealth Planners (IWP) is set to launch its national brand, with a projected more than £2bn client assets by 2020.

More than 12 IFA firms from Cornwall to Yorkshire will be incorporated into IWP, cementing its national presence. Another eight firms have signed up and are partway through the acquisition process, giving IWP firms total projected total client assets of over £2bn in the first quarter of next year. IWP plans to establish a nationwide presence with about 50 offices and business and is currently in active discussions with over 20 local IFA firms, in addition to the 12 already announced. IWP chief executive David Inglesfield said the company was a long-term investor in the IFA sector a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

The Platforms Association acquires the UK Platform Awards

The Platforms Association acquires the UK Platform Awards

Clive Waller hands over the awards programme

Isabel Baxter
clock 30 July 2026 • 2 min read
FCA bereavement survey sent to just 12 firms – 'A very small dip in the ocean'

FCA bereavement survey sent to just 12 firms – 'A very small dip in the ocean'

Covers advisers, platforms and wealth managers

Sophia Panayi
clock 30 July 2026 • 3 min read
'Underperforming' sector does more damage to women over time

'Underperforming' sector does more damage to women over time

Y Tree executive director Eliana Sydes speaks to PA

Sophia Panayi
clock 29 July 2026 • 2 min read